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New York Fed opens innovation centre
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It will focus on five areas: supervisory and regulatory technology; financial markets infrastructures; future of money; open finance; and climate risk.The centre is being helmed by Per von Zelowitz, a fintech veteran who joined the New York Fed in July to lead the effort.
BIS and the Federal Reserve signed an MoU in January for the establishment of a hub location in New York.Established in 2019 to support exploratory work into new frontiers in financial technology, BIS Innovation Hub centres are
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